Finance Score: -4

Governance Score: -3

Support Score: 3

Good reserves management: +3
Multiple Deficits: -2
Fundraising costs high: -5

No volunteer policy: -2
Mainly male board: -1

Grant maker support: +3

Overall GiG Score: -4

THE BRITISH MUSIC EXPERIENCE

The BME has a mission to advance the education and appreciation of the art, history, and science of music. The museum holds a collection of artefacts brought to life through audio-visual technology against a backdrop of Britain's social and political landscape. The British Music Experience fulfils its charitable objectives by operating a Museum housed in the Cunard Building, Liverpool.

Analysis by Giving is Great

Positives:

Reserves management has been consistently within official guidelines
A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy
The Board is predominantly male

Financial issues to consider:

On several occasions in recent years income has been less than spending
Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
30/04/23		£775	£865	£-90	£236	£312	£312	4.3	19	8
30/04/22		£723	£689	£34	£158	£402	£402	7	19	2
30/04/21		£484	£545	£-61	n/a	n/a	n/a	n/a	n/a	2
30/04/20		£764	£772	£-8	£211	£430	£430	6.7	22	4
30/04/19		£576	£830	£-254	£163	£438	£438	6.3	24	4
30/04/18		£338	£612	£-274	£0	£0	£0	n/a	0	0
30/04/17		£2,714	£1,998	£716	£1,730	£966	£966	5.8	0	0
30/04/16		£0	£121	£-121	£0	£0	£0	n/a	0	0
30/04/15		£231	£278	£-47	£0	£0	£0	n/a	0	0
30/04/14?	*	£3,772	£4,054	£-282	£4,011	£-16,370	£-16,370	-48.5	29	0
31/12/12		£1,287	£6,616	£-5,329	£144	£-16,087	£-16,130	-29.3	16	0
31/12/11		£1,292	£3,851	£-2,558	£107	£-10,813	£-10,813	-33.7	17	0
31/12/10		£1,264	£6,156	£-4,892	£6,078	£-8,254	£-8,254	-16.1	0	0
31/12/09		£1,205	£4,567	£-3,362	£4,566	£-3,362	£-3,362	-8.8	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 46.8%
Fundraising Costs/Total Spending: 27.3%
Highest pay band: Less than £60,000
Liabilities/Assets: 31%
Liabilities/Income: 18%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 4.3 months
Net Current Assets/Spending: 3 months
Quick Ratio: 2.4

Asset Split ?

Established: 16 years

www.britishmusicexperience.com

liz@britishmusicexperience.com

07841353254

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science

GiG Classification

Performing and visual arts

How it operates

Other charitable activities
Provides services

Where it operates

Liverpool City,

Who it helps

The General Public/Mankind

Who works here?

19 employees
8 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
DCMS - CRF21: British Music Experience
£48,900	08/03/2021	Culture Recovery Fund for Heritage 2020-21
DCMS - CRF21: British Music Experience
£62,200	08/03/2021	Culture Recovery Fund for Heritage 2020-21
DCMS - CRF20: British Music Experience
£97,800	14/10/2020	Culture Recovery Fund for Heritage 2020-21

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

Age Range of Trustees: 51-77

LIZ KORAVOS Appointed: 2022, Occupation: Director

SIR MARK PHILIP FEATHERSTONE-WITTY Appointed: 2015, Occupation: Founding Principal/ Ceo

HARVEY GOLDSMITH CBE (Chair), Occupation: Promoter

KEVIN MCMANUS Appointed: 2016, Occupation: Curator

STUART GALBRAITH Appointed: 2017, Occupation: Chief Executive

KEITH HARRIS OBE, Occupation: Managing Director, Other trusteeships: UNIVERSAL MUSIC UK SOUND FOUNDATION, Sound Roots,

SIMON PATRICK WEIL Appointed: 2012, Occupation: Solicitor, Other trusteeships: THE ENGLISH CONCERT, THE MICHAEL TIPPETT MUSICAL FOUNDATION, BALCARRES HERITAGE TRUST LIMITED, THE KATHLEEN HANNAY MEMORIAL CHARITY, THE HANDEL HOUSE TRUST LIMITED, THE FOUNDATION OF ST. BENEDICT OF NURSIA, ARIMATHEA CHARITABLE TRUST, THE FRIENDS OF SOLESMES, MARIA BJORNSON MEMORIAL FUND, MAECENAS, THE NEW ENGLISH BALLET THEATRE, OUR LADY OF GOOD HELP FOUNDATION, THE FOUNDATION OF SAINT FRANÇOIS, THE ZITA MEMORIAL FOUNDATION,

Legal constitution

Charitable company registered in England & Wales on 08/09/2008, number: 1125752
Registered at Companies House on 07/09/2007, number: 06364836

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures

Filing Record

14 returns made; AR14: 10 days late,

Main office

The British Music Experience
Ground Floor
Cunard Building
Liverpool
L3 1DS

Objectives

'3.1 THE PURPOSES OF THE CHARITY (THE OBJECTS) ARE TO ADVANCE THE EDUCATION OF THEPUBLIC IN THE HISTORY, SCIENCE AND CULTURE OF BRITISH POPULAR MUSIC FROM ITSORIGINS TO THE PRESENT DAY BY THE:3.1.1 PRESENTATION OF INTERACTIVE LEARNING DISPLAYS AND EXHIBITIONS, PUBLICEVENTS AND CONCERTS;3.1.2 ACQUISITION (WHETHER ON LOAN, OR LEASE, OR BY WAY OF GIFT OR PURCHASE ORRECOVERY OR OTHERWISE), PRESERVATION, MAINTENANCE AND EXHIBITION OFANY ARTISTIC WORKS, INSTRUMENTS, PAPERS, INTERVIEWS OR ARTEFACTS; AND3.1.3 PROVISION OF RESEARCH, SOUND RECORDING, PERFORMANCE AND ARCHIVINGFACILITIES.3.2 SUCH OTHER CHARITABLE PURPOSES UNDER THE LAW OF ENGLAND AND WALES AS THEDIRECTORS SHALL DECIDE FROM TIME TO TIME.

Defined Area of Benefit:

UNDEFINED. IN PRACTICE, NATIONAL AND OVERSEAS

Data Sources